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Keyword: factorygrowth

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  • New York factory growth at slowest pace in 6 mos.

    10/15/2014 11:50:46 AM PDT · by Olog-hai · 11 replies
    Associated Press ^ | Oct 15, 2014 9:11 AM EDT | Christopher S. Rugaber
    New York manufacturers are growing at the slowest pace in six months as new orders shrink and shipments barely rise. The Federal Reserve Bank of New York said Wednesday that its Empire State Manufacturing index dropped to 6.2 in October, down sharply from a five-year high of 27.5 in September. Any figure above zero indicates growth. October’s reading is the lowest since April. …